Asia's on-demand startups rake in big moolah as Uber, Lyft stumble

Asia's on-demand startups rake in big moolah as Uber, Lyft stumble

A GrabBike motorcycle driver, left, and a Go-Jek motorcycle driver wait for orders in Jakarta, Indonesia, on Sunday, Aug. 13, 2017. Photographer: Dimas Ardian/Bloomberg

Asian startups are giving the gig economy a second wind, even as the troubled sector falters in the U.S. and Europe due to regulatory challenges and investor skepticism.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter